Holiday Inn Express Mount Vernon

Property Listed by Richard Schuen License Number: BRKP.0000323756. Property tours are by APPOINTMENT ONLY. Attempts to visit the hotel or call the hotel staff without agent approval is strictly PROHIBITED and will result in a BAN FROM ALL FUTURE LISTINGS.

Colliers, as an exclusive representative of the ownership, is pleased to present to qualified investors for their acquisition consideration the Holiday Inn Express Mount Vernon, located at 11555 Upper Gilchrist Rd Mount Vernon, Ohio 43050. The subject property is a 70-room, three-story, interior corridor, limited-service asset built in 1998. The hotel sits on 1.46 acres and is located off Route 36/Coshocton Ave (20,387 Vehicles Per Day). The property is offered with fee simple interest, unencumbered by debt and unencumbered by third-party management.

The Holiday Inn Express Mount Vernon consists of 70 rooms and benefits from a variety of stable demand drivers such as higher education, tourism/leisure, and transient traffic. The hotel is located approximately 50 miles northeast of Columbus, the capital and most populous city in the state. The higher education demand generators include Kenyon College and Mount Vernon Nazarene University, which are both located less than 4 miles away from the hotel. Kenyon College has an enrollment of approximately 1,800 students and Mount Vernon Nazarene University has an enrollment of approximately 1,600 students. Key tourism and leisure demand generators include Mohican State Park, a 1,100-acre state park which offers canoeing, mountain biking, hunting, fishing, and other outdoor activities. Mohican State Park attracts over 1.5 million visitors each year.